Economic Report of the President

the playing field is level for our workers, farmers, manufacturers, and other jobcreators. In the past four years, we concluded free-trade agreements withSingapore, Chile, Australia, Morocco, Bahrain, Jordan, and six countries inCentral America and the Caribbean. My Administration will continue to workto expand trade on a multilateral, regional, and bilateral basis, and to enforceour trade laws to help ensure a level playing field.I have a plan to prepare our young people for the jobs of the 21st century.We have brought greater accountability to our public schools and are workingto improve our high schools. We have made Pell grants available to onemillion more students, and we will work to make college more affordable byincreasing the size of Pell grants for low-income students. We are reformingour workforce training programs to help Americans obtain the skills neededfor the jobs that our economy is creating.I have an ambitious agenda for the next four years. During my first term,working with the Congress, I put policies in place to ensure a rapid recovery andto support strong growth. In my second term, together we will cut the budgetdeficit in half, fix Social Security, reform the tax code, reduce the burden of junklawsuits, ensure a reliable and affordable energy supply, continue to promote freeand fair trade, help make health care affordable and accessible for Americanfamilies, and expand the quality and availability of educational opportunities.These policies will produce an economic environment that continues to unleashthe creativity and energy of the American people.THE WHITE HOUSEFEBRUARY 2005Economic Report of the President | 5